{"product_id":"9781861974389-secondhand-infectious-greed-how-deceit-and-risk-corrupted-the-financial-markets","title":"Infectious Greed: How Deceit and Risk Corrupted the Financial Markets","description":"The still-unfolding financial story is scary. One by one major companies - Enron, Worldcom, Anderson, Global Crossing are imploding, prey to greed, fraud and illegal finance and accounting.The global financial crossroads is at a perilous crossroads. By 2002, the closing bell of the NY Stock Exchange was barely relevant, as securities traded 24 hours a day, around the world. The largest markets were private and weren't regulated at all. Companies' reported earnings were a fiction, and financial reports were chock full of disclosures that would shock the average investor if she ever even glanced at them, not that anyone - including financial journalists ever did .Simply put the appearance of control in the financial markets has become a fiction. What Enron did was no different to what hundreds companies - aided by their auditors - do all the time, what they put on their balance sheet and what they hide off it, and how they exploit unfathomable derivatives.","brand":"Secondhand Stock","offers":[{"title":"Default Title","offer_id":51087927836891,"sku":"9781861974389-SECONDHAND","price":15.0,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0523\/7646\/9701\/files\/cc39c912-c4b7-4139-a9b2-ee6178bdc270.jpg?v=1794309214","url":"https:\/\/bookgrocer.com\/products\/9781861974389-secondhand-infectious-greed-how-deceit-and-risk-corrupted-the-financial-markets","provider":"Book Grocer","version":"1.0","type":"link"}